ONTARIO PROPERTY TAX INITIATIVE

Fellow Self Storage Owners and Operators,

We are aware that MPAC has sent out a request of information for you to submit your income and expense information on your property for your most recent fiscal year.

The letter sent out was a general letter.  I have communicated with MPAC over the last couple of days and they have affirmed that we are still on a cost approach.

At this time, it is the CSSA’s Property Tax Committee position that you do not submit the requested information.

Sincerely,

Iqbal Khan, CA

Chairman of CSSA Property Tax Committee

T: 416.845.3020